Container Corporation of India (CONCOR) is eying to set up eight container freight stations (CFSs) on India’s east coast. Of the eight new CFSs, four would come up in Odisha, three in Andhra Pradesh and one in Tamil Nadu.
The state-owned logistics services firm, which specializes in containerized cargo, is planning to expand its network of rail terminals, freight stations and container depots across the country. The new CFSs, involving at least Rs 1,000 crore of investment, are expected to ease congestion and improve turnaround time at seaports, helping exports and imports.
Container Corporation of India was established in 1988 and works mainly in three verticals -- cargo terminal, terminal operator and warehouse operator.